Logs Direct Limited

Logs Direct Ltd, based in Lancaster, UK, is a small, family-run business with an active status, celebrating 21 years since its founding. Employing 34 people, the company holds £1,510,075 in assets and operates a successful e-commerce site with a stellar 5.0 Google rating from 100 reviews. It's a real address with five directors and three owners, and regularly imports wood and wood products – 61 months of import activity recorded.

The company’s website showcases a wide range of products, from kiln-dried logs and firewood to garden supplies and pet products. It’s clear they cater to both home heating needs and outdoor living, with a focus on quality and convenience. They even have a section dedicated to pizza ovens and BBQ essentials, suggesting a broader appeal beyond just traditional firewood. The site emphasizes free next-day delivery and rewards programs, aiming to build customer loyalty.

Financially, Logs Direct Ltd shows some concerning trends. Current assets have dropped by 12% to £1,500,000, while net assets have decreased by 2.8% to £230,000. Bank borrowings have decreased by 13% to £94,000, and cash reserves have increased by 60% to £340,000. Creditors have remained steady at £1,800,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in current assets could indicate a slowdown in sales or increased costs. With no auditor mentioned, the financial statements are unaudited.

Overall, Logs Direct Ltd appears to be a well-established business with a strong online presence and positive customer reviews. However, the recent financial trends suggest a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 05121851, with a registered address at LA2 6PG, Lancaster, Lancashire, Brooklands Farm Addington Road, Halton.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.